Pound Nears 3-Week High Versus Euro, Could Jump Higher in March 2018

The pound to euro interbank exchange rate has hit 1.1356 today, its highest since February 28th, and could rise higher, as it’s thought that the UK created a bumper +85,000 new jobs in the 3 months to January. Image credit: Takis Kolokotronis.

Please bear in mind, this article is Pure FX’s opinion only and does not constitute advice. Moreover, the exchange rates referred to in this article are the interbank rates, which are the rates at which banks and financial institutions buy and sell currency to each other. Therefore these exchange rates cannot be accessed by individuals or SMEs, and are not the same rates that Pure FX can offer. To get a free exchange rate quote, call us on +44 (0) 1494 671800, or email peter.lavelle@purefx.co.uk.